Mar. 26, 2018
Nissan Motor Co., Ltd.
Sumitomo Corporation
4R Energy Corporation
Nissan, Sumitomo Corporation and 4R set up plant to recycle electric-car batteries
The factory will be Japan’s first specializing in the reuse and recycling of used lithium-ion batteries from electric vehicles
NAMIE, Japan (March 26, 2018) – Japan’s first plant specializing in the reuse and recycling of lithium-ion batteries from electric vehicles is set to open amid growing demand for electric cars.
The new factory, in the town of Namie in eastern Japan, will be operated by 4R Energy Corporation, a joint venture between Nissan and Sumitomo Corporation.
The number of electric cars on the road is rising rapidly as environmental issues, including climate change, weigh on the minds of motorists around the world. The availability of used lithium-ion batteries is expected to increase significantly in the near future as buyers of the first generation of electric cars look to replace their vehicles. The recycling and refabrication of such batteries is expected to have a substantial impact on the battery industry, affecting demand for new battery materials, and on the environment and society as a whole.
Established in 2010 by Nissan and Sumitomo Corporation to focus on the effective reuse of electric-car batteries, 4R has gained valuable expertise. The company has developed a system that quickly measures the performance of used batteries, and it plans to apply this innovative technology to batteries collected from all over Japan at the Namie plant.
The plant will serve as the global center for 4R’s development and manufacturing. The batteries recycled and refabricated at the factory will be used to offer the world’s first exchangeable refabricated battery for electric vehicles, and will also be used in large-scale storage systems and electric forklifts. The plant is the first new factory in Namie since the town was devastated by Japan’s March 2011 earthquake and tsunami, and is expected to help revitalize the local economy.
The 4R plant in Namie, Japan, will specialize in the reuse and recycling of batteries from electric vehicles.
As a leader in zero-emission technologies, Nissan seeks to realize a sustainable-mobility society by developing and marketing electric vehicles and promoting their use globally.
Sumitomo Corporation is a firm believer in the positive impact of electric vehicles on the global environment and is contributing to the expansion of their use in collaboration with 4R. The company’s continuing efforts include promoting the reuse and recycling of used electric-car batteries for purposes including the development of stationary power storage systems.
About Nissan Motor Co., Ltd.
Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2016, the company sold 5.63 million vehicles globally, generating revenues of 11.72 trillion yen. In fiscal 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has a global workforce of 247,500 and has been partnered with French manufacturer Renault since 1999. In 2016, Nissan acquired a 34% stake in Mitsubishi Motors. Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.
For more information about our products, services and commitment to sustainable mobility, visit
nissan-global.com. You can also follow us on Facebook, Instagram, Twitter and LinkedIn and see all our latest videos on YouTube.
About Sumitomo Corporation
Sumitomo Corporation (“SC”) is a leading Fortune 500 global trading and business investment company with 107 locations in 65 countries and 22 locations in Japan. The entire SC Group consists of more than 800 companies and 70,000 personnel. SC conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in companies to promote greater growth potential. SC’s core business areas include Metal Products, Transportation and Construction Systems, Environment and Infrastructure, Media, Network, Lifestyle Related Goods and Services, Mineral Resources, Energy, and Chemical and Electronics.
＜Reference data＞
■Sumitomo Corporation’s Material Issues
Sumitomo Corporation Group positions “Six Material Issues to Achieve Sustainable Growth with Society” as an important factor in developing business strategies and in the decision-making process for individual businesses. Going forward, we will pursue sustainable growth by resolving these issues through our business activities. This Project especially contributes to “Achieving Harmony with the Global Environment” and “the Development of Local Communities and Industries”.
Related Links
Inquiries
Corporate Communications Department,
Sumitomo Corporation
News Release Contact Form
